As a prospective All County franchisee, am I required to personally review the Disclosure Document?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| Have you received and personally reviewed our Franchise Agreement and each exhibit and schedule attached to it? |
|---|
| |
| Yes. No. |
| Do you understand all of the information contained in the Franchise Agreement and each exhibit |
| and schedule attached to it? |
| |
| Yes. No. |
| If "No," |
| what parts of the Franchise Agreement do you not understand? (Attach additional pages, |
| if necessary) |
| Did you receive a copy of the Franchise Agreement at least seven (7) days prior to signing it? |
| |
| Yes. No. |
| Have you received and personally reviewed the Disclosure Document we provided to you? |
| |
| Yes. No. |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, prospective franchisees are asked to confirm they have personally reviewed the Franchise Disclosure Document. As part of Exhibit I to the Franchise Disclosure Document, a receipt includes the statement, "This Disclosure Document summarizes certain provisions of the franchise agreement and other information in plain language. Read this disclosure document and all agreements carefully." This statement emphasizes the importance of carefully reading the document.
Furthermore, the document includes a questionnaire where prospective franchisees must answer whether they have received and personally reviewed the Disclosure Document provided to them, answering either "Yes" or "No". They must also answer whether they understand all of the information contained within the Disclosure Document, again with a "Yes" or "No" option. If the answer is "No", the franchisee is asked to specify which parts of the Disclosure Document they do not understand.
These requirements and acknowledgements underscore the importance All County places on ensuring that franchisees are well-informed about the franchise agreement and related details before entering into a binding agreement. This process aims to protect both the franchisee and All County by promoting transparency and understanding.